ARGILE ET SPIRULINE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ARGILE ET SPIRULINE
Largest movements
- Tangible fixed assets -€4,363
down €4,363 (-66.3%), from €6,579 to €2,216
of which Furniture and vehicles: -€4,519
- Cash +€2,025
up €2,025 (+163%), from €1,241 to €3,266
mainly Depreciation (+€5,462) and Tax, wage and social debts (+€559)
- Deferred charges and accrued income -€108
no longer reported in 2026 (was €108)
- Other debts -€2,376
down €2,376 (-22.6%), from €10,493 to €8,117
- Profit (loss) carried forward -€648
down €648 (-3.0%), from -€21,901 to -€22,549
- Tax, wage and social debts +€559
up €559 (+75.9%), from €737 to €1,296
- Gross operating margin -€2,042
down €2,042 (-22.0%), from €9,295 to €7,253
- Taxes +€559
up €559 (+75.9%), from €737 to €1,296
- Financial charges +€115
up €115 (+25.5%), from €452 to €567
- Depreciation +€106
up €106 (+2.0%), from €5,356 to €5,462
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,928 | €5,482 | -€2,446 | -30.9% |
| Fixed assets | 21/28 | €6,579 | €2,216 | -€4,363 | -66.3% |
| Tangible fixed assets | 22/27 | €6,579 | €2,216 | -€4,363 | -66.3% |
| Plant, machinery and equipment | 23 | €1,844 | €2,000 | +€156 | +8.5% |
| Furniture and vehicles | 24 | €4,735 | €216 | -€4,519 | -95.4% |
| Current assets | 29/58 | €1,349 | €3,266 | +€1,917 | +142% |
| Cash at bank and in hand | 54/58 | €1,241 | €3,266 | +€2,025 | +163% |
| Deferred charges and accrued income | 490/1 | €108 | - | -€108 | |
| Total equity and liabilities | 10/49 | €7,928 | €5,482 | -€2,446 | -30.9% |
| Equity | 10/15 | -€3,301 | -€3,949 | -€648 | -19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,901 | -€22,549 | -€648 | -3.0% |
| Amounts payable | 17/49 | €11,230 | €9,432 | -€1,798 | -16.0% |
| Amounts payable within one year | 42/48 | €11,230 | €9,432 | -€1,798 | -16.0% |
| Trade debts | 44 | - | €18 | +€18 | |
| Suppliers | 440/4 | - | €18 | +€18 | |
| Taxes, remuneration and social security | 45 | €737 | €1,296 | +€559 | +75.9% |
| Taxes | 450/3 | €737 | €1,296 | +€559 | +75.9% |
| Other amounts payable | 47/48 | €10,493 | €8,117 | -€2,376 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,356 | €5,462 | +€106 | +2.0% |
| Other operating charges | 640/8 | €571 | €576 | +€4 | +0.8% |
| Gross operating margin | 9900 | €9,295 | €7,253 | -€2,042 | -22.0% |
| Operating profit (loss) | 9901 | €3,368 | €1,215 | -€2,153 | -63.9% |
| Financial charges | 65/66B | €452 | €567 | +€115 | +25.5% |
| Recurring financial charges | 65 | €452 | €567 | +€115 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €2,916 | €648 | -€2,268 | -77.8% |
| Income taxes | 67/77 | €737 | €1,296 | +€559 | +75.9% |
| Profit (loss) for the period | 9904 | €2,179 | -€648 | -€2,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,179 | -€648 | -€2,827 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.